$EVAA Many people like to ask: why not chase when it pumps?

Because the truly comfortable entry is often not what everyone is optimistic about.

After EVAA surged higher, the market started to weaken. It then printed one bearish 4-hour candle after another, and the trend has slowly begun to change.

After the price broke through a key area, the plan was to set up a short near 1.73. The current price is now around 0.74.

This drop is, in fact, a lesson the market is giving to the FOMO chasing funds.

But since it has already fallen quite a lot, it’s not recommended to blindly chase just because it’s dropping. The key is to watch the 0.67 support.

The hardest part of trading isn’t discovering opportunities—it’s controlling yourself so you don’t rush in when your emotions are at their highest.
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